Our commitment to our clients is to consider the bigger picture when it comes environmental, social and governance (ESG) investing. We resist a formulaic or tick-box approach, and ensure that ESG considerations are fully integrated into our investment process and applied in line with our 3M philosophy.
We believe businesses must be sustainable to thrive and deliver shareholder value in the long term. Therefore, we do not believe ESG investing should be a simplistic, add-on or stand-alone process. Moreover, ESG is not just about the now, but also about the future. Part of our process is to engage with companies to ensure they improve their overall ESG record. As a result, not only do we invest in companies with good ESG track records, but we will also consider investment in companies that show a clear commitment to future improvement. After all, sometimes the biggest win for society is in helping perceived laggards make the transition to delivering on more sustainable outcomes. Importantly, we view ESG considerations holistically. ESG should not just about the E (environment). Social and governance factors require due consideration.
While our choices can sometimes appear counterintuitive at first glance, we believe our bigger picture perspective and longer-term approach can help to achieve more considered ESG outcomes, while also rewarding our investors in the long run.
Our annual Stewardship Report highlights our thinking on
ESG-related matters, and details new developments during the latest reporting period.
We aim to exercise our proxy voting responsibilities in an accountable and transparent manner. We report on our proxy voting decisions annually.
Statement on the Code for Responsible Investing in South Africa (CRISA)
CNX Resources Corporation is a low-carbon gas-focused company in the Appalachian region of the Eastern USA that has formed part of our portfolios since 2021. It owns shale and midstream assets, as well as coalbed methane extraction operations across the region
In this case study, we also get a sense of how closely the various ESG issues are intertwined, as governance-focused interventions were key to achieving more robust social outcomes.
enX Group Limited, a locally listed industrial group encompassing lubricants, chemicals, and power equipment, faced significant challenges in 2020.
In this edition, Head of Research Kevin Cousins explains why trust matters for economies and markets, and Fund Manager Shaun le Roux asks whether the investment industry is underestimating the valuable role commodity shares can play in portfolios going forward, before we delve into a case study on Anglo American with Analyst Nomandla Duma. Finally Head of Fixed Income Lyle Sankar explains why it is important to think about event risk in terms of probabilities and how this helps us to secure better outcomes for our clients.
Read moreIn this article, we weigh up the investment case for commodities given current market conditions. Commodity companies are prone to boom-and bust cycles, and there is currently much debate around the sustainability of the current run-up in commodity prices. The team weighs in on how factors like decarbonisation, the environmental, social and governance (ESG) investing phenomenon and a renewed focus on capital discipline are impacting the commodity cycle.
Read moreArguably, awareness of environmental issues has never been higher. Extreme weather events and our sense of urgency are on the rise, and the UN Climate Change Conference COP 26 (Conference of the Parties, summit 26) in Glasgow resulted in a steady stream of headlines on this topic towards the end of last year.
Read moreStay Informed
Sign up for our newsletters and receive information on finance.